Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: krb

"Except for the fact that they probably don't pay much in taxes at all since they get $15000/yr. in tax credit for their kids."

"However the observation that one poster made that they are paying for themselves without the help of the gov't is incorrect."

Do you think that a $1000 child credit on your tax form is gov't aid?

I earn $100,000 and the gov't says $45,000 of it belongs to them, but because I have 15 children I only need to pay $38,250.

You think this is gov't aid?


115 posted on 05/19/2004 7:40:11 PM PDT by projectile
[ Post Reply | Private Reply | To 107 | View Replies ]


To: projectile
Well, it is help from the government. Don't know if it's "aid" or not...I have a feeling that you are going to get mad if I say it is, so I won't.

But it is true that they do get government help.

BTW, if you are married and make $100,000 in 2003, the federal government wants $22,120, not $45,000.

So if you have 15 kids, you only need to pay about $7000, and that's before your mortgage deduction and other deductions. You most likely won't pay any taxes.

I am not calling that a handout or a transfer payment of any kind, but that most certainly is getting help from the government, and shifting net tax burden onto other people.

116 posted on 05/19/2004 8:25:53 PM PDT by krb (the statement on the other side of this tagline is false)
[ Post Reply | Private Reply | To 115 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson